STIEBEL ELTRON – a company full of energy
STIEBEL ELTRON is an internationally operating Group and is among the global market and technology leaders in the fields of building services and renewable energies. Since 1924, technical performance, quality, innovation, reliability and customer-oriented service have been defining factors in our success. With five national and five international production facilities, 26 sales organisations around the world, plus partners and agencies in 120 countries, STIEBEL ELTRON has a global presence. The annual turnover in 2023 was around 1.25 billion euros. More than 50 per cent of the turnover is generated abroad.
In 1924 in Berlin the company founder Dr Theodor Stiebel started realising his vision of developing and manufacturing products with low energy consumption, greater safety and more comfort. This objective still applies to the company today.
As a family-owned company driven by innovation, STIEBEL ELTRON pursues a clear strategy in the production and development of products – for environmentally friendly, efficient and convenient building services. With more than 5,000 employees worldwide the company places a consistent focus on its own expertise – from product development to production. The result is efficient and innovative solutions for hot water, heat, ventilation and cooling. With its wide range of products STIEBEL ELTRON always has the right solution to prepare homes for future requirements today. Frank Stiebel (deceased on 7th May 2024) and the Stiebel family foundation (set up by Dr Ulrich Stiebel) each own 50% of the company.
The headquarters of the STIEBEL ELTRON Group are in Holzminden, which is also home to the largest production facility. Four additional plants in Germany are located in Eschwege, Höxter, Freudenberg and Hameln. Five international production facilities: Arvika (Sweden), Poprad (Slovakia), Ayutthaya (Thailand), Tianjin (China) and West Hatfield, Massachusetts (USA) complete the international manufacturing footprint.
STIEBEL ELTRON started developing systems for using renewable energies already in 1976. Today the company is one of the leading suppliers of heat pumps for heating, cooling and hot water and ventilation appliances with heat recovery.
STIEBEL ELTRON is well equipped for the future with an ambitious research, development and investment programme.
